Enphase Other Current Assets vs Net Debt Analysis

ENPH Stock  USD 116.93  0.08  0.07%   
Enphase Energy financial indicator trend analysis is much more than just examining Enphase Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enphase Energy is a good investment. Please check the relationship between Enphase Energy Other Current Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.

Other Current Assets vs Net Debt

Other Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enphase Energy Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Enphase Energy's Other Current Assets and Net Debt is 0.72. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Enphase Energy, assuming nothing else is changed. The correlation between historical values of Enphase Energy's Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Enphase Energy are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Enphase Energy's Other Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Enphase Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enphase Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.As of now, Enphase Energy's Selling General Administrative is increasing as compared to previous years. The Enphase Energy's current Tax Provision is estimated to increase to about 102.2 M, while Enterprise Value Over EBITDA is projected to decrease to 24.01.
 2021 2022 2023 2024 (projected)
Interest Expense45.2M9.4M8.8M9.5M
Depreciation And Amortization33.1M74.8M74.7M78.4M

Enphase Energy fundamental ratios Correlations

0.670.650.650.820.650.580.750.45-0.010.820.750.660.510.660.720.60.510.710.790.670.440.670.520.680.71
0.670.990.990.930.980.980.930.890.490.950.541.00.11.00.990.990.960.890.961.00.911.00.180.990.99
0.650.990.980.910.950.960.880.940.410.950.470.990.040.990.990.990.930.840.951.00.880.990.150.980.98
0.650.990.980.910.960.960.890.90.490.940.520.980.080.990.990.980.950.860.940.990.880.990.140.980.97
0.820.930.910.910.930.870.870.710.410.960.780.910.150.940.940.860.820.820.930.920.750.930.520.910.94
0.650.980.950.960.930.970.930.810.60.920.620.970.10.990.970.950.950.910.930.970.920.990.240.980.98
0.580.980.960.960.870.970.90.890.520.90.440.980.040.970.960.970.990.880.940.970.970.980.090.980.97
0.750.930.880.890.870.930.90.760.440.910.560.930.40.910.930.90.880.980.930.920.860.920.130.940.95
0.450.890.940.90.710.810.890.760.280.830.140.91-0.040.880.890.950.880.720.850.920.840.89-0.150.880.87
-0.010.490.410.490.410.60.520.440.280.270.420.46-0.260.520.410.440.560.440.270.440.560.510.090.470.47
0.820.950.950.940.960.920.90.910.830.270.610.950.260.950.980.930.860.870.980.960.790.950.310.950.96
0.750.540.470.520.780.620.440.560.140.420.610.50.220.570.550.390.390.520.560.50.320.550.820.520.57
0.661.00.990.980.910.970.980.930.910.460.950.50.120.990.990.990.960.90.961.00.921.00.130.990.99
0.510.10.040.080.150.10.040.4-0.04-0.260.260.220.120.060.150.080.040.450.230.10.030.09-0.050.160.17
0.661.00.990.990.940.990.970.910.880.520.950.570.990.060.990.980.950.870.950.990.91.00.220.990.99
0.720.990.990.990.940.970.960.930.890.410.980.550.990.150.990.980.940.90.981.00.880.990.20.990.99
0.60.990.990.980.860.950.970.90.950.440.930.390.990.080.980.980.960.870.940.990.920.980.030.980.97
0.510.960.930.950.820.950.990.880.880.560.860.390.960.040.950.940.960.870.890.950.980.960.010.970.94
0.710.890.840.860.820.910.880.980.720.440.870.520.90.450.870.90.870.870.90.880.860.890.070.910.92
0.790.960.950.940.930.930.940.930.850.270.980.560.960.230.950.980.940.890.90.960.850.960.250.960.97
0.671.01.00.990.920.970.970.920.920.440.960.51.00.10.991.00.990.950.880.960.91.00.150.990.99
0.440.910.880.880.750.920.970.860.840.560.790.320.920.030.90.880.920.980.860.850.90.91-0.030.930.9
0.671.00.990.990.930.990.980.920.890.510.950.551.00.091.00.990.980.960.890.961.00.910.190.990.99
0.520.180.150.140.520.240.090.13-0.150.090.310.820.13-0.050.220.20.030.010.070.250.15-0.030.190.150.21
0.680.990.980.980.910.980.980.940.880.470.950.520.990.160.990.990.980.970.910.960.990.930.990.150.99
0.710.990.980.970.940.980.970.950.870.470.960.570.990.170.990.990.970.940.920.970.990.90.990.210.99
Click cells to compare fundamentals

Enphase Energy Account Relationship Matchups

Enphase Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding131.6M141.9M142.9M144.4M143.3M78.6M
Total Assets713.2M1.2B2.1B3.1B3.4B3.6B
Short Long Term Debt Total105.5M330.9M1.0B1.3B1.3B1.4B
Other Current Liab57.2M87.8M177.3M331.5M292.8M307.4M
Total Current Liabilities199.3M534.0M439.8M638.2M532.4M559.1M
Total Stockholder Equity272.2M484.0M430.2M825.6M983.6M1.0B
Property Plant And Equipment Net39.1M60.7M96.6M132.7M188.1M197.5M
Current Deferred Revenue81.8M47.7M62.7M90.7M118.3M124.2M
Net Debt(145.9M)(348.5M)918.3M817.1M1.0B1.1B
Retained Earnings(185.2M)(51.2M)(405.7M)17.3M46.3M48.6M
Accounts Payable57.5M72.6M113.8M125.1M116.2M122.0M
Cash251.4M679.4M119.3M473.2M288.7M162.8M
Non Current Assets Total213.6M267.0M616.8M820.0M939.5M986.5M
Non Currrent Assets Other44.6M7.9M8.1M11.5M11.9M11.2M
Cash And Short Term Investments251.4M679.4M1.0B1.6B1.7B1.8B
Net Receivables145.4M182.2M333.6M440.9M446.0M468.3M
Liabilities And Stockholders Equity713.2M1.2B2.1B3.1B3.4B3.6B
Non Current Liabilities Total241.7M182.1M1.2B1.6B1.9B2.0B
Inventory32.1M41.8M74.4M149.7M213.6M224.3M
Other Current Assets70.8M29.8M37.8M60.8M88.9M93.4M
Other Stockholder Equity458.3M534.7M837.9M819.1M939.3M986.3M
Total Liab441.0M716.1M1.6B2.3B2.4B2.5B
Property Plant And Equipment Gross39.1M60.7M96.6M132.7M325.5M341.8M
Total Current Assets499.7M933.1M1.5B2.3B2.4B2.6B
Accumulated Other Comprehensive Income(923K)434K(2.0M)(10.9M)(2.0M)(2.1M)
Short Term Debt2.9M326.0M86.1M90.9M5.2M5.0M
Other Liab129.5M162.0M257.7M401.9M462.2M485.3M
Other Assets119.2M147.8M241.2M317.4M365.0M383.2M
Long Term Debt102.7M4.9M951.6M1.2B1.3B1.4B
Intangible Assets30.6M28.8M97.8M99.5M68.5M72.0M
Property Plant Equipment28.9M43.0M96.6M111.4M128.1M134.5M
Net Tangible Assets216.9M430.4M151.2M512.5M589.3M618.8M
Retained Earnings Total Equity(185.2M)(51.2M)(405.7M)17.3M15.6M16.4M
Capital Surpluse458.3M534.7M837.9M819.1M942.0M989.1M
Non Current Liabilities Other11.8M17.0M16.5M43.5M51.0M26.4M
Short Long Term Debt2.9M326.0M86.1M90.9M104.5M80.0M

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When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Enphase Energy's price analysis, check to measure Enphase Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
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Is Enphase Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enphase Energy. If investors know Enphase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
1.94
Revenue Per Share
13.425
Quarterly Revenue Growth
(0.64)
Return On Assets
0.0503
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.